Luster Industries Bhd

KLSE:LUSTER Stock Report

Market Cap: RM 88.1m

Luster Industries Bhd Management

Management criteria checks 3/4

Luster Industries Bhd's CEO is Chong Chuah, appointed in Feb 2023, has a tenure of 3.33 years. total yearly compensation is MYR211.00K, comprised of 73.9% salary and 26.1% bonuses, including company stock and options. directly owns 13.5% of the company’s shares, worth MYR11.89M. The average tenure of the management team and the board of directors is 6.9 years and 7.8 years respectively.

Key information

Chong Chuah

Chief executive officer

RM 211.0k

Total compensation

CEO salary percentage73.93%
CEO tenure3.3yrs
CEO ownership13.5%
Management average tenure6.9yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

Analysis Article • Feb 02

Is Luster Industries Bhd (KLSE:LUSTER) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Dec 29

Luster Industries Bhd's (KLSE:LUSTER) Business Is Yet to Catch Up With Its Share Price

With a price-to-earnings (or "P/E") ratio of 28x Luster Industries Bhd ( KLSE:LUSTER ) may be sending very bearish...
Analysis Article • Nov 12

Returns On Capital Signal Tricky Times Ahead For Luster Industries Bhd (KLSE:LUSTER)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Oct 06

We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jul 03

These 4 Measures Indicate That Luster Industries Bhd (KLSE:LUSTER) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Apr 08

Luster Industries Bhd's (KLSE:LUSTER) Popularity With Investors Is Under Threat From Overpricing

Luster Industries Bhd's ( KLSE:LUSTER ) price-to-earnings (or "P/E") ratio of 24.7x might make it look like a strong...
Analysis Article • Feb 20

We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 06

We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 02

Luster Industries Bhd's (KLSE:LUSTER) Share Price Could Signal Some Risk

It's not a stretch to say that Luster Industries Bhd's ( KLSE:LUSTER ) price-to-sales (or "P/S") ratio of 1.7x right...
Analysis Article • Apr 09

Pinning Down Luster Industries Bhd's (KLSE:LUSTER) P/S Is Difficult Right Now

It's not a stretch to say that Luster Industries Bhd's ( KLSE:LUSTER ) price-to-sales (or "P/S") ratio of 1.4x seems...
Analysis Article • Jan 05

There's Reason For Concern Over Luster Industries Bhd's (KLSE:LUSTER) Price

There wouldn't be many who think Luster Industries Bhd's ( KLSE:LUSTER ) price-to-sales (or "P/S") ratio of 1.7x is...
Analysis Article • Nov 01

Luster Industries Bhd (KLSE:LUSTER) Has Debt But No Earnings; Should You Worry?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jul 07

Is Luster Industries Bhd (KLSE:LUSTER) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Feb 07

Luster Industries Bhd (KLSE:LUSTER) Takes On Some Risk With Its Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Sep 27

We Think Luster Industries Bhd (KLSE:LUSTER) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 10

Does Luster Industries Bhd (KLSE:LUSTER) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 08

Here's Why Luster Industries Bhd (KLSE:LUSTER) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Aug 25

Luster Industries Bhd (KLSE:LUSTER) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Mar 21

Luster Industries Bhd (KLSE:LUSTER) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Mar 01

What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

The big shareholder groups in Luster Industries Bhd ( KLSE:LUSTER ) have power over the company. Institutions often own...
Analysis Article • Feb 02

Is Luster Industries Bhd's (KLSE:LUSTER) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Most readers would already be aware that Luster Industries Bhd's (KLSE:LUSTER) stock increased significantly by 18...
Analysis Article • Jan 07

Luster Industries Bhd (KLSE:LUSTER) Shareholders Have Enjoyed An Impressive 127% Share Price Gain

Luster Industries Bhd ( KLSE:LUSTER ) shareholders have seen the share price descend 15% over the month. But that...
Analysis Article • Dec 17

Are Luster Industries Bhd's (KLSE:LUSTER) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
Analysis Article • Nov 25

What Kind Of Investors Own Most Of Luster Industries Bhd (KLSE:LUSTER)?

Every investor in Luster Industries Bhd (KLSE:LUSTER) should be aware of the most powerful shareholder groups...

CEO Compensation Analysis

How has Chong Chuah's remuneration changed compared to Luster Industries Bhd's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-RM 23m

Dec 31 2025RM 211kRM 156k

-RM 22m

Sep 30 2025n/an/a

RM 4m

Jun 30 2025n/an/a

RM 2m

Mar 31 2025n/an/a

RM 5m

Dec 31 2024RM 198kRM 144k

RM 6m

Sep 30 2024n/an/a

RM 2m

Jun 30 2024n/an/a

RM 5m

Mar 31 2024n/an/a

RM 4m

Dec 31 2023RM 222kRM 163k

RM 2m

Sep 30 2023n/an/a

-RM 21m

Jun 30 2023n/an/a

-RM 20m

Mar 31 2023n/an/a

-RM 19m

Dec 31 2022RM 79kRM 22k

-RM 17m

Sep 30 2022n/an/a

RM 11m

Jun 30 2022n/an/a

RM 11m

Mar 31 2022n/an/a

RM 9m

Dec 31 2021RM 24kn/a

RM 8m

Sep 30 2021n/an/a

RM 6m

Jun 30 2021n/an/a

RM 7m

Mar 31 2021n/an/a

RM 7m

Dec 31 2020RM 24kn/a

RM 6m

Sep 30 2020n/an/a

RM 7m

Jun 30 2020n/an/a

RM 9m

Mar 31 2020n/an/a

RM 9m

Dec 31 2019RM 24kn/a

RM 9m

Compensation vs Market: Chong's total compensation ($USD51.93K) is below average for companies of similar size in the MY market ($USD125.83K).

Compensation vs Earnings: Chong's compensation has increased whilst the company is unprofitable.

CEO

Chong Chuah (59 yo)

3.3yrs
Tenure
RM 211,000
Compensation

Mr. Chong Ewe Chuah serves as Executive Chairman of LFE Corporation Berhad since May 30, 2023. He serves as Executive Director of Aimflex Berhad since January 25, 2022 and served as its Group Managing Dire...

Leadership Team

NamePositionTenureCompensationOwnership
Chong Chuah
MD & Executive Director3.3yrsRM 211.00k13.5%
MYR 11.9m
Wooi Liang
Group CFO & Executive Directorno dataRM 170.00k1.47%
MYR 1.3m
Cheng Phuah
Executive Director8.9yrsRM 170.00k8.53%
MYR 7.5m
Chong Chuah
Executive Director4.9yrsRM 24.00k1.46%
MYR 1.3m
See Lim
Co-Founder & MD of Exzone Precision Engineering Sdn Bhdno dataRM 50.00kno data
Zaibidi Bin Mahamod
Managing Director of Winco Precision Engineering Sdn Bhd17.4yrsno datano data
Goh Hau
Group Financial Controller17.8yrsno datano data
Poe-Pyng Hing
Joint Secretary6.9yrsno datano data
Yee Lin Wong
Joint Secretary6.9yrsno datano data
See Lim
Managing Director of Exzone Plastics Manufacturers Sdn Bhdno datano data0.54%
MYR 477.7k
6.9yrs
Average Tenure
60yo
Average Age

Experienced Management: LUSTER's management team is seasoned and experienced (6.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Chong Chuah
MD & Executive Director7.8yrsRM 211.00k13.5%
MYR 11.9m
Wooi Liang
Group CFO & Executive Director17.8yrsRM 170.00k1.47%
MYR 1.3m
Cheng Phuah
Executive Director8.9yrsRM 170.00k8.53%
MYR 7.5m
Chong Chuah
Executive Director4.9yrsRM 24.00k1.46%
MYR 1.3m
Ahmad Bin S. Awab
Independent Non Executive Director8.9yrsRM 38.00kno data
Voon Hon Yee
Director of Glovmaster Sdn Bhdno datano data2.28%
MYR 2.0m
Lean Lee
Independent Non-Executive Director3.3yrsRM 38.00kno data
Ren Nah
Independent Non-Executive Director2.8yrsRM 38.00kno data
7.8yrs
Average Tenure
59yo
Average Age

Experienced Board: LUSTER's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 00:50
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Luster Industries Bhd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kam TanTA Securities Holdings Berhad